The Obama administration on Tuesday proposed renewable-fuel standards that could reduce the $3 billion a year in federal tax breaks given to producers of corn-based ethanol. The move sets the stage for a major battle between Midwest grain producers and environmentalists who say the gasoline additive actually worsens global warming.
Wednesday, May 6, 2009
I Know of Some Farmers in a Certain Idyllic Town Who Aren't Going to Be Happy if This Happens
Obama administration is considering reducing the corn ethanol subsidies:
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